SINGAPORE - Innovation has saved the Ministry of Defence (Mindef) and the Singapore Armed Forces (SAF) $164 million this year, 16 per cent more than last year.
Second Minister for Defence Ong Ye Kung emphasised the importance of such innovation, citing Singapore's challenges in a globalised economy, such as climate change and terrorism.
Acknowledging that the Government has less leeway for failure, he said there needs to be a "sandbox" where there is space to test innovative ideas and "fail fast, fail small, and fail cheap".
Mr Ong was speaking at the Mindef Productivity and Innovation in Daily Efforts (Pride) Day 2016 awards presentation ceremony, held at Marina Bay Sands (MBS) Expo and Convention Centre on Friday (Nov 4).
The Pride movement, now in its 35th year, promotes a culture of organisational excellence, innovation and productivity across Mindef and the SAF. This year's theme is "Smart defence: innovation, science and technology".
A total of 184 awards across 16 categories were presented to individuals, groups and units, for outstanding innovative projects. Some of the projects are on show at the SGDefence Exhibition, a highlight of the Defence Technology Community's 50th anniversary celebrations.
Mr Ong launched and toured the exhibition at MBS Expo and Convention Centre Hall A, which is happening from Friday (Nov 4) to Tuesday (Nov 8), and is free for the public from 11am to 8pm daily.